Smith, DelBene, Malliotakis, Chu Introduce Resolution Calling for Action to Avoid Double Taxation With Taiwan
May 26, 2023
May 26, 2023
WASHINGTON, May 26 -- Rep. Adrian Smith, R-Nebraska, issued the following news release:
Reps. Adrian Smith (R-NE), Suzan DelBene (D-WA), Nicole Malliotakis (R-NY), and Judy Chu (D-CA) introduced a resolution calling for legislation to avoid double taxation between the U.S. and Taiwan. While the United States and Taiwan cannot enter a formal treaty addressing the tax treatment of international investment, similar tax treatment can be achieved through reciprocal legislation.
Reps. Adrian Smith (R-NE), Suzan DelBene (D-WA), Nicole Malliotakis (R-NY), and Judy Chu (D-CA) introduced a resolution calling for legislation to avoid double taxation between the U.S. and Taiwan. While the United States and Taiwan cannot enter a formal treaty addressing the tax treatment of international investment, similar tax treatment can be achieved through reciprocal legislation.